LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

May 1, 2011

TO:	Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	SB1671 by Duncan (Relating to the Teacher Retirement System of Texas.), As Introduced

No significant fiscal implication to the State is anticipated.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

323 Teacher Retirement System

LBB Staff:

JOB, KJG, JGM, JW